5544 Mcleod Road,Niagara Falls, ON L2G 3E3
Niagara Falls, ON L2G 3E3
Description
Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with future mid-to-high density residential development potential. Located in the Tourist Core of Niagara Falls at the corner of Stanley Ave & McLeod Rd, between Marineland and the hotel-entertainment core, the existing non-operating 2 storey motel, in need of rejuvenation, contains 23 motel units and has a 3-bedroom office/residence. In-place zoning permits a range of Tourist Commercial Uses. A mixed-use development concept by Zeidler Partnership Architects for 245 res units/22 floors with podium retail commercial has been presented to the City. The site provides a unique opportunity to pursue a mid-rise or high-rise rezoning for greater heights or to restore/expand the existing model. As is where is sale. Parcels can be purchased separately (Motel Parcel: $4,975,000 / Vacant Land Parcel: $2,000,000) conditional upon Muncipal Technical Severance Consent. Property being sold in an As is Where Is Condition. **EXTRAS** 1.5+/- acres site consists of 2 land parcels.Survey, Geotech, Phase 1, 2 & Record of Site Condition reports are avail.HST is in addition to list price & sole responsibility & expense of the Buyer.Property Tax amt subject to confirmation.
Details
| MLS # | X8060196 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Days On Site | 494 |
| Listing Provided By | HARVEY KALLES REAL ESTATE LTD. | X8060196 303500 |
Features
| SQ Feet | 9,075 |
|---|---|
| Acreage | 0.21 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Cooling | No |
Exterior
| Lot Features | Irregular Lot |
|---|---|
| Community Features | Public Transit |
Taxes
| Property | 42285 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Niagara Falls |
| Postal Code | L2G 3E3 |
| Area | 220 Oldfield |
| Listing VS Median (in L2G 3E3) | |
Price: $6,975,000 low | high Med: $6,975,000 SqFt: 9,075 low | high Med: 9,075 $ / SqFt: $769 low | high Med: $769 On site: 494 low | high Med: 494.000000 | |
